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Brief Exercise 11-3 (Static) Depreciation methods; partial periods [LO11-2] On March 31, 2024, Canseco Plumbing Fixtures purchased equipment for $30,000. Residual value at the end

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Brief Exercise 11-3 (Static) Depreciation methods; partial periods [LO11-2] On March 31, 2024, Canseco Plumbing Fixtures purchased equipment for $30,000. Residual value at the end of an estimated fouryear service life is expected to be $2,000. The company expects the equipment to operate for 10,000 hours. The equipment operated for 2,200 and 3,000 hours in 2024 and 2025 , respectlvely. Required: a. Calculate depreciation expense for 2024 and 2025 using straight-line method. b. Colculate depreciation expense for 2024 and 2025 using double-declining-balance method. c. Calculate depreclation expense for 2024 and 2025 using units of -production using hours operated. Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate depreciation expense for 2024 and 2025 using double-declining-balance method

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